North American copper scrap prices fall heavily on Index 9th May, 2016

Published: May 10, 2016 17:36
The North American copper scrap prices dropped heavily on Index on May 9th, Monday.

By Carolina Curiel (ScrapMonster Author)

May 10, 2016 05:02:04 AM

TORONTO (Scrap Monster): The North American copper scrap prices declined sharply on ScrapMonster Price Index  as on May 9th, Monday.

Alternator prices held steady over the day. The price of #1 Copper Wire and Tubing slipped by $0.06 per Lb. #2 Copper Wire and Tubing prices were also down by $0.06 per Lb. The price of #1 Copper Bare Bright also went lower by $ 0.06 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery declined by $0.03 per Lb. #2 Insulated Copper Wire 50% Recovery prices too were down by $0.02 per Lb from the previous day prices. #3 Copper-Light copper prices dropped sharply by $0.06 per Lb.

The prices of Copper Radiator and Cu Yokes witnessed a decline of $0.03 per Lb and $0.01 per Lb respectively over the previous day.

Copper Transformer scrap prices dropped by $0.01 per Lb on Index.

Cu/Al Radiators/Fe and Cu/Al Radiators prices dropped by $0.02 per Lb each over the previous day.

Cu/Al Radiator Ends prices remained unchanged.

Harness Wire 35% Recovery prices decreased by $0.03 per Lb. The prices of Heater Cores too witnessed decline of $0.02 per Lb.

Scrap Electric Motors, Starters and Sealed units remained unchanged over the previous day.

Xmas Lights declined by $0.01 per Lb.



Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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